Economy & Markets
The important economic and stock market news that advisors need to know.
Don't Lower Corporate Taxes. Abolish Them.
By Leonid BershidskyBusiness-friendly governments in the U.S. and the U.K. should eliminate corporate levies and just tax personal income and consumption.
December 13, 2016
4 Top Ways Workers Use Company Stock Plan Funds: FidelityFidelity poll finds employees often overlook this workplace benefit.
December 12, 2016
Chamber’s CEO: ‘Already Working’ With Trump to Kill DOL Fiduciary RuleU.S. Chamber of Commerce is urging immediate action to undo the rule, Thomas Donohue says.
December 12, 2016
Oil Climbs to 17-Month High on Saudi Pledge, Non-OPEC Output CutU.S. oil futures surged to almost $53 a barrel following the Saudi oil minister's pledge to cut output to below the level agreed upon.
December 12, 2016
Why Jack Bogle Prefers Index Funds to Index ETFsThe Vanguard founder has a message for all those advisors who favor ETFs over index mutual funds: Consider traditional index funds instead.
December 12, 2016
How Anyone Can Invest Like Buffett or SorosAn AQR report found that a lot of their investing gains were available to anyone using some buy-and-sell signals known to the quants.
December 12, 2016
Investors ‘Crazy’ Not to Be in Equities: Neil HennessyWith Dow yielding more than 10-Year Treasuries, theres no end in sight to the more than seven-year-old bull market, says Hennessy Funds chief.
December 12, 2016
Fed Outlook Blurred by Trump’s Fiscal PlansWhat to watch for at this weeks Fed policy-making meeting beyond the 0.25% hike thats expected.